Ezra Holdings Limited (NASDAQ:EZRA) Stock Short Interest Drops 64.9%

Ezra Holdings Limited (NASDAQ:EZRA – Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 18,115 shares, a decrease of 64.9% from the August 31st total of 51,669 shares. Based on an average daily trading volume, of 48,815 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on EZRA. Weiss Ratings upgraded shares of Ezra from a “sell (e)” rating to a “sell (e+)” rating in a research note on Tuesday, July 7th. Wall Street Zen downgraded shares of Ezra from a “hold” rating to a “sell” rating in a research note on Saturday, September 5th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Ezra currently has a consensus rating of “Sell”.

Read Our Latest Research Report on EZRA

Insider Transactions at Ezra

In related news, Director Alex Blumenfrucht sold 8,830 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $3.97, for a total value of $35,055.10. Following the sale, the director owned 13 shares in the company, valued at $51.61. This represents a 99.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Yaakov Beyman sold 9,120 shares of the firm’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $3.83, for a total value of $34,929.60. Following the transaction, the vice president owned 2,967 shares of the company’s stock, valued at $11,363.61. The trade was a 75.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 34,727 shares of company stock valued at $124,161 in the last three months.

Ezra Trading Down 0.7%

Shares of EZRA traded down $0.02 during midday trading on Friday, hitting $2.68. 10,375 shares of the company’s stock traded hands, compared to its average volume of 809,030. Ezra has a 1 year low of $1.75 and a 1 year high of $53.20. The company’s fifty day moving average is $2.53.

Ezra (NASDAQ:EZRA – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported ($3.26) earnings per share for the quarter. The business had revenue of $2.11 million during the quarter.

Ezra Holdings Limited is a finance company in the Insurance Brokers industry.

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